ETB Opens Moneygram Redshop in Benin
November 17, 2008 by Bunmi Awolusi
Barely 3 months after the bank after the bank opened a Moneygram Redshop outlet in Surulere and Aba, the Equitorial Trust Bank (ETB) has opened another Moneygram shop at its Ikpoba Hill branch in Benin.
With the last Redshop, the bank has opened 8 outlets and 3 in Benin while planing to commission 2 more Redshops in Ogba, and Airport road both in Lagos with additional 2 in Ibadan and 4 in Port Harcourt regions.
Mr. Ike Oraekwuotu, Managing Director of ETB, represented by Mr. Layiwola Adetona, ETB General Manager, explained that the bank keeps opening more Redshop outlets in different areas of the country in order to make money transfer and receiving easier for people as well as further build a stronger relationship with the International Money Transfer Market.
Oraekwuotu added that plans are in progress to open additional branches in Ekenwan Road, Ugbowo and Sakponba Road before the end of the year. Auchi, Ekpoma and Uromi are also slated for ETB branches soon.
